The year in review: 12 market highlights
December 23 2019 by InsuranceAsia News
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Roojai reignites DirectAsia Thailand acquisition
- December 20
The deal for the Hiscox unit, which has been revived after being pulled in August, will strengthen the Asian carrier's Thai motor portfolio.
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Allianz withdraws US$1.6bn offer to acquire Singapore’s Income Insurance
- December 16
The pre-conditional offer was called off following the Singapore government's decision to block the deal.
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PetroVietnam to fully exit domestic insurance arm by end-2025
- December 16
Petroleum firm plans to exit HDI Global-backed PetroVietnam Insurance Corporation (PVI) as part of a restructuring of state-owned companies.
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Allianz to scrap US$1.6bn deal to acquire Income Insurance: report
- December 14
The companies had difficulty finding a way to assuage government concerns, so they are likely to make an announcement about calling the deal off later this week.
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AXA XL | Low and no-cost cybersecurity actions for companies
Considering the increasing frequency of attacks, the evolving threat landscape, including the use of AI to launch more sophisticated attacks, companies today can’t afford to ignore the possibility of being targeted by cybercriminals.
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BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
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Sedgwick | To Handle CAT Claims Well, Multi-Step Preparation is Key
When it comes to risk, it’s not a matter of “if” it’s a matter of “when” an event will occur.
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HSBC Asset Management | Is it time to relook at Asian currency bonds?
With diversification and performance high on investors’ agendas, it seems a good time for global portfolios to revive allocations in Asian local currency bonds – including Hong Kong dollar (HKD) bonds.
